Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • DIY investors push Fund of Funds into high demand
    • Harvard ignored warnings about investments: Advisers told Summers, others not to put so much cash in market; losses hit $1.8b
    • The Wealth Company Mutual Fund unveils a hybrid multi-asset allocation fund. Check details
    • Turn Rs 10,000 Into Rs 1 Crore: 4 Mutual Funds Every Investor Should Know | Savings and Investments News
    • Brithomes, London Square to host UK Property Investment Showcase in Lagos
    • Open-ended mutual funds can rebuild capital market trust
    • Paramount Bid for WB Discovery Backed by Saudis, Qatar and Abu Dhabi
    • Capitalmind Mutual Fund introduces liquid scheme to expand debt line-up
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Letters: Housing bond | Resolving ambiguities
    Bonds

    Letters: Housing bond | Resolving ambiguities

    July 29, 2024


    Submit your letter to the editor via this form. Read more Letters to the Editor.

    $20B housing bond
    should be voted down

    The $20 billion housing bond that will be on the Nov. 5 ballot is like snake oil.

    Only as little as 72% of the $20 billion housing bond will be spent to actually build affordable housing for extremely low-income, very low-income, and low-income households. Ten percent can be spent on grants for “transportation, schools, and parks.” Notably, only 80% of the proceeds of the bond issue need to be spent in the county funding the bonds. Thus, Contra Costa County residents could end up paying for parks in San Mateo County.

    The decision to place the bond on the ballot was made by the MTC, which includes unelected, unaccountable officials and is therefore like taxation without representation. We can and must do better.

    Nick Waranoff
    Orinda

    Critique of Harris
    applies to others

    Re: “Democrats deserved contest, not coronation” (Page A7, July 25).

    In his critique of Kamala Harris, Bret Stephens mentions high staff turnover during her time as vice president and the fact that she failed the bar exam on the first try.

    Regarding turnover, he should have started by looking at the mile-long list of senior and mid-level Trump people who quit or were fired.

    As for the bar exam, Harris is in good company. Others who took the exam more than once include Franklin D. Roosevelt, Michele Obama, John F, Kennedy Jr., and former California Governors Jerry Brown and Pete Wilson.

    He also claims she has been a bad campaigner. He’s entitled to his opinion, but her first speech in Milwaukee looked pretty impressive to me, in contrast to Donald Trump’s 93-minute meandering speech at the Republican convention.

    John Walkmeyer
    San Ramon

    We must get serious
    after record heat

    Re: “Last Sunday was hottest day on Earth in recorded history” (Page A2, July 24)

    That alarming headline was corrected the next day online: “Sunday was hottest day on the planet – no, wait, it’s Monday.” Things are just starting to warm up.

    It is now obvious that the cost of this heat — both in dollars and in human lives — far outstrips the cost of reducing CO2 emissions. Are we going to follow Ben Franklin’s advice: “An ounce of prevention is worth a pound of cure”? Or John Paul Jones, “I have not yet begun to fight”? We need to get serious, folks.

    Cliff Gold
    Fremont

    Newsom’s order to
    sweep camps is cruel

    Re: “Newsom orders sweeps of camps” (Page A1, July 26).

    The scary truth is most Californians are only a few bad breaks away from homelessness. The unlucky blow may come from a wildfire or, worse, an unexpected medical bill. Insurers profit most off denying coverage, that is, if you were fortunate enough to have health insurance in the first place.

    Capitalism turns housing into a scarce commodity and then blames people who lack it. Rather than treating the unhoused as untouchable, we should give them security and more chances. It is the Christian thing to do and a humane imperative.

    Gov. Gavin Newsom’s executive order to sweep away homeless encampments is cruel. It does nothing to solve the systemic problems that cause homelessness in the first place. And by treating other people like trash, the Ggovernor has proven he’s garbage.

    Alan Marling
    Livermore

    Harris win is best hope
    for multiracial society

    I was one of 50,000 Black men on a call for Kamala Harris, a day after 44,000 Black women got together. I haven’t seen this level of excitement since Barack Obama in 2008. Black women and men being this energized is how we will win the fight for a multiracial democracy.

    The California Donor Table has moved over $60 million to progressive community organizations and candidates. With skyrocketing support from voters of color, we will win the presidency, retain the Senate and win eight contested California House districts to take back the House

    Kamala was born at the same Oakland hospital as my son. In 2020, hundreds of us danced in front of her former Berkeley apartment to celebrate her victory. And boy will we party if, natch, when she wins the presidency.

    Ludovic Blain
    Berkeley

    Courts are best place
    to resolve ambiguities

    Re: “Eviscerating agencies’ power is dangerous” (Page A6, July 10).

    A letter writer complained that the Supreme Court decision in Loper Bright Enterprises v. Raimundo now prevents federal administrative agencies from “resolving statutory ambiguities.” But that is exactly how it should be. That’s what courts do.

    While agencies may have certain “expertise,” they are not courts. Courts have the expertise to resolve ambiguities in the law; agencies don’t. I don’t want an agency expert to interpret a legal ambiguity; that is not the job of a federal bureaucrat. That expert might be a conservative or liberal who lets his or her worldviews influence a decision.

    If an agency finds an ambiguity in the law, have them go to Congress to clarify the issue. That is the job of our representatives.

    Douglas Abbott
    Union City






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why Did Donald Trump Dump £65 Million Into Bonds Since August

    November 16, 2025

    Trump has bought at least $82 million in bonds since late August, disclosures show

    November 16, 2025

    Martin Lewis explains if Premium Bonds are really ‘worth it’

    November 14, 2025
    Leave A Reply Cancel Reply

    Top Posts

    DIY investors push Fund of Funds into high demand

    November 19, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    DIY investors push Fund of Funds into high demand

    November 19, 2025

    Fund of Funds (FoFs) are getting popular with do-it-yourself (DIY) investors because of the ease…

    Harvard ignored warnings about investments: Advisers told Summers, others not to put so much cash in market; losses hit $1.8b

    November 18, 2025

    The Wealth Company Mutual Fund unveils a hybrid multi-asset allocation fund. Check details

    November 18, 2025

    Turn Rs 10,000 Into Rs 1 Crore: 4 Mutual Funds Every Investor Should Know | Savings and Investments News

    November 18, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Hedge funds invoke antitrust laws in new frontier of distressed debt wars

    October 28, 2025

    Institutions Are Deferring Hedge Fund Investments Until 2025

    August 14, 2024

    Weak markets drag down mutual fund, ETF assets in March: SIMA

    April 22, 2025
    Our Picks

    DIY investors push Fund of Funds into high demand

    November 19, 2025

    Harvard ignored warnings about investments: Advisers told Summers, others not to put so much cash in market; losses hit $1.8b

    November 18, 2025

    The Wealth Company Mutual Fund unveils a hybrid multi-asset allocation fund. Check details

    November 18, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.